How Does Leverage Relate to Margin Requirements in Futures Trading?

Leverage is the ability to control a large futures contract value with a relatively small amount of capital, which is the margin. The margin requirement determines the maximum leverage available.

A lower margin requirement means a trader can take on a larger position size relative to their capital, thus increasing leverage. High leverage amplifies both potential profits and potential losses.

Exchanges set margin requirements conservatively to limit systemic risk.

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